SAN DIEGO, May 16, 2018 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading
National Security Solutions provider, announced today that its Microwave Electronics Products Division (MED) has recently received
approximately $18 million in orders for electronic warfare and other systems. Work under these recent orders will be
performed at secure Kratos manufacturing facilities. Due to customer related, competitive and other considerations, no
additional information will be provided related to these orders.
Yonah Adelman, President of Kratos MED, said, “Our entire organization is focused on providing our customers
leading technology microwave electronic products and solutions in support of their electronic warfare, missile, radar,
communication and other systems.”
About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops transformative, affordable technology for the Department
of Defense and commercial customers. Kratos is changing the way breakthrough technology for these industries are
brought to market through proactive research and a streamlined development process. Kratos specializes in unmanned
systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, training and combat systems. For
more information go to www.kratosdefense.com.
Notice Regarding Forward-Looking Statements
Certain statements in this press release may constitute "forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements are made on the basis of the current beliefs, expectations and
assumptions of the management of Kratos and are subject to significant risks and uncertainty. Investors are cautioned not to place
undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made,
and Kratos undertakes no obligation to update or revise these statements, whether as a result of new information, future events or
otherwise. Although Kratos believes that the expectations reflected in these forward-looking statements are reasonable, these
statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or
implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to
differ from those expressed in these forward-looking statements, as well as risks relating to the business of Kratos in general,
see the risk disclosures in the Annual Report on Form 10-K of Kratos for the year ended December 31, 2017, and in subsequent
reports on Forms 10-Q and 8-K and other filings made with the SEC by Kratos.
Press Contact:
Yolanda White
858-812-7302 Direct
Investor Information:
877-934-4687
investor@kratosdefense.com
